Industry jargon and three-letter acronyms have their place, but they can also prevent you from selling a message effectively to others.
Don't Make People Feel Stupid. Drop the Jargon!

Thursday, March 23, 2017 Industry jargon and three-letter acronyms have their place, but they can also prevent you from selling a message effectively to others.
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Outlook & Insights
Don't Make People Feel Stupid. Drop the Jargon!
(Thursday, March 23, 2017) Industry jargon and three-letter acronyms have their place, but they can also prevent you from selling a message effectively to others.

COLUMN-U.S. Oil and Gas Industry Reaps the Benefits of International Trade
(Tuesday, March 21, 2017) Rising exports have thrown a lifeline to U.S. shale producers and refiners, giving them an additional outlet at a time when the domestic market has been at risk of becoming saturated.

WWRA: What Would A Rookie Ask?
(Tuesday, March 21, 2017) Rigzone needs your help compiling a list of simple technical questions that a newcomer to the oil and gas industry might ask.

America's Nuclear Sector Braces for More Closures
(Monday, March 20, 2017) How does natural gas threaten nuclear power's profitability, and will President Trump come to nuclear's rescue? S&P Global Ratings' Michael Ferguson outlines the reasons behind nuclear's decline and the industry's likely direction.

Saudi King's Asia Tour Trumpets Aramco's Moves Downstream
(Monday, March 20, 2017) Saudi King Salman's lavish tour of Asia, arriving in each country on a golden escalator with 400 tonnes of luggage, had a hardnosed marketing mission.

Shell Reluctant to Part with California Refinery Amid Asset Sale
(Thursday, March 23, 2017) Royal Dutch Shell is in talks with several potential buyers for its refinery outside of San Francisco, but the Anglo-Dutch oil giant is reluctant to part with its last asset in California, three people familiar with the process say.

Venezuelan Drivers Line Up for Gasoline as Fuel Shortage Worsens
(Thursday, March 23, 2017) As PDVSA's crumbling refineries fail to meet domestic demand, imports have become a financial burden because the country buys fuel abroad at market prices only to sell it for pennies per gallon at home.

Liquidation of Moroccan Refinery Samir Extended - Administrator
(Thursday, March 23, 2017) A Moroccan court has granted an extra month for the liquidation process for Samir, the country's only oil refinery, a court-appointed trustee said on Thursday.

China Feb Gasoline Exports Jump to 2nd-highest on Record, Imports Plunge
(Thursday, March 23, 2017) China's gasoline exports in February climbed to their second-highest monthly level on record as refiners increasingly turn to exports to Asian markets to drain a domestic supply glut that almost wiped out imports altogether.

China's Sinopec Buys First Major African Refinery in Chevron Deal
(Wednesday, March 22, 2017) China's Sinopec said on Wednesday it has agreed to pay almost $1 billion for a 75 percent stake in Chevron Corp's South African assets and its subsidiary in Botswana, securing its first major refinery on the continent.

U.S. Asked to Slap Duties on Biodiesel from Argentina, Indonesia
(Thursday, March 23, 2017) The move comes after years of rising tensions between U.S. and foreign producers.

German Scientists Test World's 'Largest Artificial Sun'
(Thursday, March 23, 2017) Scientists in Germany are testing what they describe as "the world's largest artificial sun," which they hope could pave the way toward creating hydrogen to use as a green fuel.

Indonesia Plans to File WTO Complaint Over EU Biodiesel Duties
(Monday, March 20, 2017) Indonesia plans to file a World Trade Organization complaint this month against European Union anti-dumping duties on biodiesel exports from the Southeast Asian country, trade officials said on Sunday.

Icahn Bets Against Renewables Market He Wants Trump to Overhaul
(Friday, March 17, 2017) Carl Icahn, the billionaire investor and adviser to President Donald Trump, said he's betting on a decline in the market for renewable-fuel credits that he's urging the president to overhaul.

U.S. Lawmakers Press Trump to Deny Calls to Overhaul Biofuels Program
(Thursday, March 16, 2017) More than 20 U.S. senators pressed President Donald Trump on Thursday to reject requests from oil refiners to overhaul the U.S. biofuels program, weighing in on a debate that has roiled markets from soybeans to gasoline in recent weeks.

Lotte Chem: Not Picked as Preferred Bidder for Singapore's Jurong Aromatics
(Thursday, March 23, 2017) South Korea's Lotte Chemical Corp said on Thursday it had not been picked as a preferred bidder for the acquisition of Singapore petrochemical company Jurong Aromatics Corp (JAC).

Saudi Arabia Spends Money to Make Money in Foreign Investment Drive
(Wednesday, March 22, 2017) Most of the big deals were in refining and petrochemicals, not the new industries Riyadh hopes to develop.

Saudis to Tighten Curbs on Foreign Workers in Local Jobs Push -Sources
(Tuesday, March 21, 2017) The new rules could potentially affect large numbers of people since about 12 million foreigners work in Saudi Arabia, doing many of the strenuous, dangerous and lower-paid jobs shunned by 20 million Saudi citizens.

BP Confirms Talks to Sell Key North Sea Oil Pipeline to Ineos
(Friday, March 17, 2017) BP Plc is in talks with Ineos AG to sell the Forties pipeline, one of the most important pieces of oil infrastructure in the U.K. North Sea.

Trump's Proposal to Scrap Chemical Safety Board Draws Criticism
(Friday, March 17, 2017) The president on Thursday outlined a plan for fiscal 2018 discretionary spending, which exclude programs like Social Security, that removes allocations for 19 independent bodies, including the CSB and Corporation for Public Broadcasting.

CNPC Sees Fourth Leg Of Shaanxi-Beijing Pipeline Operational In October
(Thursday, March 23, 2017) China National Petroleum Corp expects the fourth leg of the Shaanxi to Beijing pipeline to be operational in October.

U.S. State Dept to Approve Keystone Pipeline Permit Friday -Sources
(Thursday, March 23, 2017) The move would mark the beginning of process that could be lengthy and complicated by approvals needed by state regulators and legal challenges.

Canadian Province Saskatchewan Reviews Pipeline Rules after Husky Spill
(Thursday, March 23, 2017) The western Canadian province of Saskatchewan will review regulations and engineering standards for pipelines around bodies of water following a Husky Energy Inc oil spill last year into a major river.

Wintershall Says Ready To Continue Supporting Nord Stream 2
(Wednesday, March 22, 2017) Wintershall is still looking for ways to support the Nord Stream 2 pipeline project.

Police Investigating Dakota Pipeline Vandalism
(Wednesday, March 22, 2017) South Dakota authorities are investigating an act of vandalism at the Dakota Access pipeline, a day after the project owner said oil could begin flowing through the pipeline soon, officials said on Tuesday.

Terminals & Storage
Gasoline Floats Outside Europe as Traders Bet on Profit Spike
(Thursday, March 23, 2017) Cargoes of floating gasoline are building off the shores of Europe as margins hold near their lowest level seasonally since 2009, traders and market sources told Reuters.

Shell Gets Access to Key Oil Hub in Panama -Sources
(Wednesday, March 22, 2017) Royal Dutch Shell agreed to lease capacity at a large oil terminal in Panama that has been used by U.S. refiner Tesoro Corp, sources involved in the deal told Reuters, gaining much-needed storage for its crude operations.

U.S. Crude Stockpiles at Record High As Imports Surge -EIA
(Wednesday, March 22, 2017) U.S. crude oil stocks rose to a fresh record last week, the Energy Information Administration said on Wednesday, as a surge in imports and rising domestic production more than offset a hike in refinery runs.

Venezuela Indicts Two PDVSA Subcontractors in Jose Port Graft Case
(Tuesday, March 21, 2017) Venezuela has charged the presidents of two subcontractors with corruption for overbilling in equipment sales at the OPEC country's main oil-exporting port, the public prosecutor's office said on Monday.

Indonesia Police Say Interpol Issues Red Notices for 3 Sinopec Execs
(Tuesday, March 21, 2017) Indonesian police said on Tuesday Interpol has issued red notices, the closest to an international arrest warrant, for three Chinese executives suspected of fraud linked to a more than $800 million Sinopec oil terminal development in Indonesia.

World's Top LNG Buyers Form Alliance to Push for Flexible Contracts
(Thursday, March 23, 2017) The world's biggest liquefied natural gas (LNG) buyers, all in Asia, are clubbing together to secure more flexible supply contracts in a move which shifts power to importers from producers as oversupply grows.

EnerMech Manager Credits Staff for Prelude FLNG Contract Win
(Wednesday, March 22, 2017) The high calibre of its staff helps EnerMech secure a pre-commissioning subcontract with Technip Oceania Pty Ltd on the Shell Australia operated Prelude FLNG project.

ICE to Offer First U.S. Gulf Coast LNG Futures Contract
(Wednesday, March 22, 2017) U.S. gas producers, plagued by low domestic prices in recent years, are eager to sell into the international marketplace through LNG.

Poland to Cap Gas Imports from Single Source at 70 Pct from April
(Wednesday, March 22, 2017) Poland plans to cap gas imports from a single source at 70 percent of overall supplies from April, and reduce that to a third by 2023 as it seeks to cut dependence on Russia and comply with EU law, the energy ministry said.

Chevron Calls End of LNG Mega Project After $88 Billion Spree
(Tuesday, March 21, 2017) Chevron's two major Australian LNG facilities have suffered from cost blowouts, delays and poor timing.

OPEC Cuts Pad Wallets of North American Heavy Oil Producers
(Thursday, March 23, 2017) "The cut will reduce the availability of heavier imports from overseas, creating an opportunity for more domestic barrels to be soaked up," Mara Roberts, a New York-based analyst at BMI Research, said in a phone interview.

Oil Slips, Inventories Curb Recovery From Four-Month Lows
(Thursday, March 23, 2017) Oil prices dipped, struggling to recover from four-month lows.

Cost of U.S. Car Fuel Standards Could Be 40 Pct Lower -Report
(Thursday, March 23, 2017) If accurate, the report could present a challenge to automakers which have lobbied strongly against the implementation of the standards largely on the grounds of excessive cost.

Oil Falls on Yet Another US Crude Build
(Wednesday, March 22, 2017) Both the US and global benchmarks slipped over 80 cents off newsflow that US crude inventories had risen by 5 million barrels for the week ending March 17.

US Oil Hits Nov. Low As Fresh Glut Fears Overshadow OPEC Cut Talk
(Tuesday, March 21, 2017) Oil prices fall, with US crude dropping to its lowest since November.

Finance & Acquisition
Enbridge Cutting 1,000 Jobs in US and Canada
(Wednesday, March 22, 2017) Following the closing of its acquisition of Spectra Energy, Enbridge is trimming its workforce by 6%.

Petrobras Raises Asset Sale Goal to $21 Bln for 2017-2018 Period
(Wednesday, March 22, 2017) Petrobras downstream director Jorge Celestino said the company remains very interested in finding partners for its refining business.

Centrica CEO's Annual Remuneration Package Rises Nearly 40 Pct
(Wednesday, March 22, 2017) Iain Conn, chief executive of Britain's largest energy supplier Centrica, received a nearly 40 percent rise in annual remuneration to more than 4 million pounds, the company's yearly report showed on Wednesday.

Exxon Must Confer with NY Atty Gen'l on Tillerson Emails -Judge
(Wednesday, March 22, 2017) A New York state judge on Wednesday ordered ExxonMobil Corp to work with New York's attorney general to recover lost emails from an account once used by U.S. Secretary of State Rex Tillerson when he was the oil company's chief executive.

Wood Group Aims to Grow Employment in Long-Term Following Amec Deal
(Tuesday, March 21, 2017) Wood Group refuses to provide any detail on potential job losses as a result of its decision to buy Amec Foster Wheeler, but insists that its aim is on growing employment in the long term.

People on the Move
Report: Hiring Managers See Salaries Stagnating or Decreasing in 2017
(Thursday, March 23, 2017) The majority of hiring managers in oil and gas see salaries as either remaining stagnant or decreasing within the next 12 months, according to the first Global Energy Talent Index (GETI).

BLOG: Ask the Careers Editor Series to Launch in April
(Wednesday, March 22, 2017) Rigzone launches a new initiative to answer your burning questions about employment in the oil and gas industry.

Petrochina's Head Of Crude Oil Trading Resigns, Replaced By Deputy
(Wednesday, March 22, 2017) The head of crude oil trading at Chinese state energy giant PetroChina has resigned after 20 years with the company.

Facilities Ops Specialists in Demand in Middle East
(Tuesday, March 21, 2017) Region's oil and gas employers still need facility asset pros, consultant tells Rigzone.

PDVSA Said to Replace Refining Managers as Shakeup Deepens
(Tuesday, March 21, 2017) Officials at the company's press office and energy ministry declined to comment.

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